Nice strategy. Sounds smart. When BTC is moving up, you can definitely expect alts to bleed red pretty heavily. I may have to look into this strategy.
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Nice strategy. Sounds smart. When BTC is moving up, you can definitely expect alts to bleed red pretty heavily. I may have to look into this strategy.
What you can also do is write down both the BTC and ETH values of your investment. If you're down in BTC, but still ahead in ETH, you can still turn it into a profit that way and stay in crypto without going to fiat. Then later when ETH goes up comparitive to Bitcoin you make up the rest of the loss which you had in BTC. i see it as two ways to attack the problem of BTC losses in one!
Sweet idea bro!